Riyadh - Mubasher: Solidarity Saudi Takaful reported an increase in profits by 259% in October to SAR 8.42 million compared to SAR 2.34 million in October 2015.
The company’s profits declined by 40% in the first ten months of the year to SAR 35.45 million from SAR 59.11 million in the same period last year.
By the end of October, accumulated losses decreased to SAR 292.89 million or 52.77% of the company’s capital from SAR 301 million or 54.29% or capital by the end of September.
